📈 $RIVER / USDT Swing Long Setup (4H/Daily)
The Thesis:
$RIVER has clearly broken out of its bottom accumulation zone (7.068 to ~8.500) and flipped momentum bullish. However, after such a sharp impulse up to nearly $11.00, the probability of a corrective pullback to establish a "higher low" is high. As a swing trader, the goal is to bid that higher low.
Direction: LONG 🟢
Optimal Entry Zone: $9.000 - $9.600
(Wait for the pullback. This zone acts as the retest of the prior resistance-turned-support.)
Stop Loss (SL): $8.200 (Daily close below)
(If price breaks back below the 8.500 range high and closes below 8.200, the breakout is a fake-out, and the setup is invalidated.)
Swing Targets:
TP1: $13.700 (First major structural resistance and supply zone from the previous dump)
TP2: $17.400 (Mid-term structural shelf)
TP3: $21.100 (Macro swing target near the previous highs)
Trade Execution & Mindset:
Patience is the edge here. Place limit orders in the entry zone and let the price retrace to you. If $RIVER runs to $13 without a pullback, you miss the trade, but you protect your capital. Maintaining the discipline to only take setups with a strong R:R profile is what separates profitable swing traders from the rest.
